Accommodation & Food Sector Statistics
In 2016-17 there were only 140 claims totalling £5M through the SME scheme supporting Accommodation & Food businesses. In addition to these, there were a mere 15 claims totalling less than £5M through the RDEC (Large Company) scheme. There were also only 10 claims collectively totalling less than £5M from SMEs claiming thorough the RDEC scheme*.
* SMEs may claim through the RDEC scheme where they have activities which are not eligible for the SME scheme. This may include R&D subcontract work for large businesses, and projects / activities which are grant funded.
Typical projects supporting Accommodation & Food businesses may include the design and development of new products, improvements to existing products, and technical processes to make your operations more productive.
To find out if you may be eligible for a claim, scroll to the bottom of this page and contact us for our free, no commitment, chat.
RECENT FEEDBACK
We’re always going to wax lyrical about our R&D Tax Credits service because we’re extremely proud of the system we’ve created. So why not listen to what our clients have to say about us instead?
Geminus have supported me with a range of my projects, and their R&D Tax Credit service makes sure that I always claim the maximum amount I can, with as little fuss as possible. They take the pain out of the administrative tasks and make it easy for me.
We used to claim R&D Credits ourselves and received around £6k each year. Randdtaxclaims explained much more than we knew, and a cheque for £41,162.84 was presented a few months later. Excellent result, service and professionalism. I would recommend them to any company.
